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Nov 13, 2012
11/12
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you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the big greenies. he's -- exactly the kind of epa greenie diana first got roth as describing. >> well, you know, we have had a political earthquake here in california after last week. we now have a two-thirds supermajority in the assembly and senate. now for the business community in order for our economy to grow and create jobs in investment, it is really going to be in his decisi decision make what will happen with the legislature to do that. >> you are not too optimistic. democratic legislature and democratic state which is already very liberal, left, right? how -- i don't see a way out for you, sir? >> larry, t
you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the big greenies. he's...
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Nov 28, 2012
11/12
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now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. if you have any sudden
now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the...
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Nov 19, 2012
11/12
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CNBC
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california -- >> no, all jobs in california are material jobs. >> 10% of jobs in california are federal. >> holy smokes! >> that's a big number. that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead story in the wall street journal today with half of the nation's 40 biggest spenders already cutting back as if another recession was on the way here or here. >> cato institute says this should be expected, companies need to protect themselves. michael mandela couldn't disagree more. he says it's nonsense. companies are tightening the purse strings when they have so much cash. michael, any incentive right now? why do you think this is poppycock, the fiscal cliff is not leading to companies investing? >> let's look at it addition let's take a closer look at spending patterns. what's happening is that tech investment is still rising. in fact, tech investment hit an all-time record in the third quarter. it's nontech spending, nontech investment that's collapsing. that has a lot more to do wit
california -- >> no, all jobs in california are material jobs. >> 10% of jobs in california are federal. >> holy smokes! >> that's a big number. that could also be military. >> no wonder. >> stay there, steve. good stuff. let's talk about the cliff-hanger's impact on corporate spending. it is the lead story in the wall street journal today with half of the nation's 40 biggest spenders already cutting back as if another recession was on the way here or here....
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Nov 8, 2012
11/12
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CNBC
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california voters say yeah to higher taxes. but are they also about ready to say yes to max exodus to texas? >>> maybe even sydney. >>> later on, contact high. is it high time for yaall state to just say yes to legalized pot? the map that will have your head spinning. next. ♪ i'm the tax man i'm freaking out man. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the e-trade 360 investing dashboard. >>> it sounds like a wig dose of hopium for anyone trying to sell their house. prices are spiking but there is a big caveat. diana olick is on it. what is this? >> mandy, one word. investors. realtors just reported the median home price in the u.s. rose 7.6% from a year ago. other reports show smaller price gains. prices up just 2% year over year for the nation's top 20 markets. others show prices up nationally from 3% to 5%. the realtors' number is s
california voters say yeah to higher taxes. but are they also about ready to say yes to max exodus to texas? >>> maybe even sydney. >>> later on, contact high. is it high time for yaall state to just say yes to legalized pot? the map that will have your head spinning. next. ♪ i'm the tax man i'm freaking out man. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'm watching you....
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Nov 15, 2012
11/12
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eye 47
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how do you solve a problem like california? we talk about it next when we come back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around
how do you solve a problem like california? we talk about it next when we come back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200...
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Nov 8, 2012
11/12
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CNBC
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california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> california voters are choosing to raise taxes on high-income taxpayers and increase the sales tax in order to fund education and state programs. so they say. last night voters passed proposition 30 with about a 54% majority. the question, is this tax hike going to destroy the california economy? let's bring in willie brown, former mayor of san francisco. mayor brown, thank you for
california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at...
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Nov 16, 2012
11/12
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CNBC
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let's start with chang in california. >> caller: hey, big booyah to you. >> thank you for calling, sir. >> caller: i have a question about isis pharmaceutical. crazy past few days. how do you look at it from now? >> down a lot. the type of thing -- look, you are buying a spec with isis. you take a look, dynavac technologies. we like the hepatitis vaccine. the government didn't like that. i think that is a curious overreaction. but it's a spec. you have to be careful. let's go to dan in texas. >> caller: chesapeake energy. >> down 16. mostly natural gas in ohio. if you watched the show, aubrey told you it's mostly natural gas in ohio. i have been buying southwest, swn. why have i been buying southwestern energy? it's the pure nat gas play i want. i think natural gas is going higher in 2013. bill in south dakota. bill. >> caller: jim, my stock is american capital agency corp, agnc. this one is going to go down. why? many companies, real estate investment trusts are worried about the taxation considerations, and we also have to worry about what the yield curve looks like and what they wil
let's start with chang in california. >> caller: hey, big booyah to you. >> thank you for calling, sir. >> caller: i have a question about isis pharmaceutical. crazy past few days. how do you look at it from now? >> down a lot. the type of thing -- look, you are buying a spec with isis. you take a look, dynavac technologies. we like the hepatitis vaccine. the government didn't like that. i think that is a curious overreaction. but it's a spec. you have to be careful....
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Nov 19, 2012
11/12
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for example in california, very high unemployment. they could get hit for example with more federal job cuts in addition to their high unemployment rates. >> great analysis, steve. thanks for that deep down dive into the data. >>> america's ceos are calling for action on the fiscal cliff. precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington. representative smith, thanks for joining us. i can't think of a better name for a guest on cnbc. >> people are always disappointed that i don't know a lot more about economics than i actually do. but at least it is good to have the name. >> you know what the invisible hand is, at a minimum. >> only too well. >> first of all, before we get into the details of the fiscal cliff, what would you say to americans who don't understand why congress is gone on vacation this week when there's such a huge bit of work -- or piece of work that needs to get done this week when it comes
for example in california, very high unemployment. they could get hit for example with more federal job cuts in addition to their high unemployment rates. >> great analysis, steve. thanks for that deep down dive into the data. >>> america's ceos are calling for action on the fiscal cliff. precisely what you saw from steve. among them leaders of boeing, weyerhaeuser. joining us on the phone, representative adam smith, a democrat from the ninth district of washington....
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Nov 8, 2012
11/12
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let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from infrastructure. >> caller: cramer, i have a question about magnum hunter resources. i purchased about 15,000 shares at 30 cents a share. that's where it's lowest was. my question is, should i hang on to it, buy more, or sell it? >> i'm not a tax accountant, i can't tell you what to do in terms of personal. but i will tell you if i had a stock that bought at 30 cents and went to $3, that's what i call a no brainer. you got hit hard today. what works now? mlps, package consumer goods? how about some johnny walker black. don't move. lightning round is coming up next. ♪ [
let's go to lee in california. lee. >> caller: mr. cramer, with the election over, we definitely have to invest in our infrastructure. how will chicago bridge and iron cbi benefit from this, and is it a good player or should by look elsewhere? >> i had my world rocked by the floor quarter, flr. it was so hideous and horrible, i've got to stay away from the business. foster wheeler could be hurt because the clean thing is not going to get the money. i say stay away from...
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Nov 30, 2012
11/12
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CNBC
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how about michael in california, please? michael. >> caller: boo-yah to you, jim. with a solid dividend that pays monthly at almost a 16% yield, its current valuation a dollar beneath book value, isn't a.r.r. a great value? >> you know what? i have thought it was. this is another one of those real estate mortgage reits that i have somewhat been mystified about the price performance. someone asked about this on the street, and i said i think it should be doing better. i agree, i think it's an okay buy. john in oregon, please. >> caller: boo-yah, jimmy, how are you? >> boo-yah back at you. >> caller: residential home builders, i bought in about six or eight months ago, i have about four of them right now. it seems like the market's flattened out as far as they're concerned. should i hang onto them or ring the bell? i was talking with stephanie link, the research director, a frequent contributor to "fast money." we both felt the same way, this is a pullback, a pullback in time. i want you holding on to them. i think they'll have a very good 2013. i would rather consol
how about michael in california, please? michael. >> caller: boo-yah to you, jim. with a solid dividend that pays monthly at almost a 16% yield, its current valuation a dollar beneath book value, isn't a.r.r. a great value? >> you know what? i have thought it was. this is another one of those real estate mortgage reits that i have somewhat been mystified about the price performance. someone asked about this on the street, and i said i think it should be doing better. i agree, i...
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Nov 14, 2012
11/12
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a three to four bedroom house in glendale, california is about $750,000. comparable area, twin falls, idaho, is about $325,000 for the same kind of house. what about the cost of food? an assortment of groceries in new york city. 72% more than those same72% more same items in twin falls, idaho. about two years ago, the fiscal times commissioned a study on this from a national tax accounting firming. they looked at several areas around the country for this hypothetical couple that earns $250,000 with two children. if they lived in huntington, new york, they'd have a deficit at the end of the year of $24,380. if they lived in a place like plano, texas, they'd be ahead by $4,936. that would be at the end of the career. pl plan plano, texas, was the only area where the couple came out ahead. is $250,000 rich? >> depends where you live. jackie, that was great. michelle, i have a question to you because i threw it out there on twitter. do you believe it's possible to have an income tax rate or maybe deductions that roll back based on geography? in other words, $2
a three to four bedroom house in glendale, california is about $750,000. comparable area, twin falls, idaho, is about $325,000 for the same kind of house. what about the cost of food? an assortment of groceries in new york city. 72% more than those same72% more same items in twin falls, idaho. about two years ago, the fiscal times commissioned a study on this from a national tax accounting firming. they looked at several areas around the country for this hypothetical couple that earns $250,000...
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Nov 23, 2012
11/12
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jane wells joins us from a best buy in conoga park, california. jane has been showing up with all of the shoppers, who is are w you? >> what's your name? >> anket. >> reporter: how long have you been waiting in line? >> more than two hours. >> reporter: the big deal is the line is taking forever. what are you buying? >> i'm buying a dslr camera. >> reporter: you came from india to buy this. >> reporter: i did. >> they have a thing called the internet. >> reporter: this is not the experience i was expecting. >> reporter: you get lines like this back home i suppose? >> yes. >> reporter: as raul shows you how this line snakes around, a crazy person but also maybe someone who is exhausted and with a dry sense of humor is first in line. how many tickets did you get? >> six. >> reporter: what are you planning on getting? >> tv for sure and probably a laptop. >> reporter: and the rest, i don't know, might sell them to you, jane. >> reporter: jason mcclellan got here 98 hours before the doors opened, gave him first choice at picking tickets, like a 40 inc
jane wells joins us from a best buy in conoga park, california. jane has been showing up with all of the shoppers, who is are w you? >> what's your name? >> anket. >> reporter: how long have you been waiting in line? >> more than two hours. >> reporter: the big deal is the line is taking forever. what are you buying? >> i'm buying a dslr camera. >> reporter: you came from india to buy this. >> reporter: i did. >> they have a thing called the...
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Nov 15, 2012
11/12
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is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they threaten a wider offensive. martin fletcher is in tel aviv and has more. >> reporter: israel and the palestinians in gaza are on the major edge of a confrontation, neither side really wants but seems to be what happens. israeli rocket attacks against gaza targeting the militant leaders of hamas are continuing and continuing to attack rocket stockpiles from gaza. israel's goal is to prevent hamas from attacking israeli citizens with rockets. there have been 850 akz ta, 100 in the last week alone. that's what israel wants to stop. at the same time hamas has been retilliating today at least 130 rockets fired from gaza i
is down nearly 19% so far this year, so we can crack that up to be decent news and upbeat news from california, it will have a $1.9 billion budget gap during its next fiscal year, that's far smaller, here is the good part, far smaller than it's seen in prior years and holds out the possibility that california may actually see surpluses within a few years thanks to spending cuts and tax hikes. those folks have their fingered crossed. >>> hamas rockets killed three in israel as they...
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Nov 19, 2012
11/12
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for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground invasion but the country prefers a diplomatic solution. oil is moving higher this morning. joining us live from gaza now is ayman. >> good afternoon. the sun is setting and they have been for every night over the past six 9nights palestinians brace themselves for a violent night. it's during the coming hours that there's an intensification of israeli targets throughout the gaza strip. yesterday on sunday there was an incident that many describe here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were fam
for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >>> israel is ready for a ground...
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Nov 9, 2012
11/12
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>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is the economy. he's going to have his legacy in obama care for better or worse. going to have his legacy in dodd-frank. the only one that matters anymore is economics. >> you can't -- there's 100 republicans. you can't single the one out that you hate. >> it was very interesting in the exit polls. i just going to to get to this quickly that the electorate sort of blamed bush for the economic crisis. that's not going to be true any more. it's not even true from today. you could make that argument he was given a bad hand. >> i went as far to say that the whole reinhardt rogoff narrative, if we go four years above 8% and crappy gdp the
>> who is the woman from california? who was in the clinton administration? >> cheryl sandberg. >> no, somebody else whose name i'm drawing a blank. >> god help us. laura tyson? >> yes. >> she's a chicken producer. >> no, she's a professor. >> oh, she's the boxer. there's the boxer. >> 2014-2016, i want to ask but one job -- >> i like what joe said earlier that at the end of the day the only legacy that matters any more for obama is...
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Nov 9, 2012
11/12
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i'm carl quintanilla, jim cramer, david faber is in california, jpmorgan, napa valley ceo summit. how many big stories do we have circulating? fiscal cliff concerns? you heard about jp penny concerns. right now, implied open, down 58 points. europe getting trouble, headlines out of greece, running low on cash again. ftse down 0.75. we'll bring in david from the west coast. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa valley. we are very close to silicon valley, so here at napa valley ceo technology summit we'll be joined throughout the day by a number of luminaries from the technology industry. i'll be talking to john donahoe, ceo of ebay. back to you. >> french laundry, that's the key tonight. french laundry. he's smiling like he's already been. meantime, a road map starts at cross section of wall street and washington. third weeks of losses as congressional office highlights difficulties if no fiscal cliff worked out. >> jcpenney shares on sale as it posts a much bigger loss and revenue miss. concerns mounting no
i'm carl quintanilla, jim cramer, david faber is in california, jpmorgan, napa valley ceo summit. how many big stories do we have circulating? fiscal cliff concerns? you heard about jp penny concerns. right now, implied open, down 58 points. europe getting trouble, headlines out of greece, running low on cash again. ftse down 0.75. we'll bring in david from the west coast. we'll talk technology later on but that's not the only subject. what's coming up? >> reporter: a very cool napa...
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Nov 10, 2012
11/12
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CNN
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of th first law enforcement leaders, a man by the name of august vietnam vommer chief of berkeley in california and also the first leader of international chiefs of police. right after the end of alcohol prohibition in the 1930s, he said that managing drugs in our community is an issue for health. it is not one to be solved through law enforcement. this is nothing new. there are many reasons to end marijuana prohibition in this country and i'm glad that voters in colorado and washington stepped forward. this has been on the president's plate ever since he's been in office and it's time for him to deal with it. >> you were on the front lines for many years in the war on drugs, but i understand a tragic accident of a fellow officer changed your life. is that when you decided that drugs should be legalized? >> that was the real turning point for me. matter of fact, just a few miles from where i sit here in washington, d.c., he was assassinated making an undercover drug buy working with the fbi. and that was the turning point for me. it made me really see how violent our community had become becaus
of th first law enforcement leaders, a man by the name of august vietnam vommer chief of berkeley in california and also the first leader of international chiefs of police. right after the end of alcohol prohibition in the 1930s, he said that managing drugs in our community is an issue for health. it is not one to be solved through law enforcement. this is nothing new. there are many reasons to end marijuana prohibition in this country and i'm glad that voters in colorado and washington stepped...
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carried pennsylvania, he also carried california and illinois and new jersey, places where they would hunt romney down with dogs. this is not like the map he needs if he wants to win pennsylvania. i don't really wish him well, i don't wish him any ill. but he's wasting money. >> what's the strategy, john avlon? you're in ohio tonight. is the push in pa a a sign of weakness in ohio? john king's talking about he feels it's neck and neck, different than he felt in the last election, but do you think that? >> president obama has had a small but steady lead in ohio. we think the romney campaign is looking at a saturation point. there's not much more than you can do except get out the vote. with money, the with the candidate's time more importantly, i think speaks to change the strategy because the current strategy isn't working. they're looking for alternate paths to 270. states where it looked like romney was pulling ahead in. florida, virginia, colorado. the fact the romney campaign is running an ad in florida trying to tie the president to castro and chavez speaks to insecurity on his p
carried pennsylvania, he also carried california and illinois and new jersey, places where they would hunt romney down with dogs. this is not like the map he needs if he wants to win pennsylvania. i don't really wish him well, i don't wish him any ill. but he's wasting money. >> what's the strategy, john avlon? you're in ohio tonight. is the push in pa a a sign of weakness in ohio? john king's talking about he feels it's neck and neck, different than he felt in the last election, but do...
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Nov 11, 2012
11/12
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california has a medicinal marijuana law. other states have passed some others. >> recreational. >> we have a laboratory of democracy. we don't always agree with the states. some states have capital punishment, some don't. some have legalized recreational use of marijuana and some states me did nal. i believe the justice department ought to respect the will of the separate states. >> in other words, no federal prosecution since it is a federal drug law of those who have legalized small amounts of marijuana. >> i think the federal law can maintain but it shouldn't try to nullify reasonable state measures. i'm not saying the state can do anything they want, but the measures that have been adopted so far have been after vigorous deba debate. in fact. there's been a mann legalization that's been rejektded. we don't need some federal person to come in and tell us what to. do i believe commonty, decent respect. >> careful. you might sound like a republican with the states rights thing. >> there's a logic to it because i know of the
california has a medicinal marijuana law. other states have passed some others. >> recreational. >> we have a laboratory of democracy. we don't always agree with the states. some states have capital punishment, some don't. some have legalized recreational use of marijuana and some states me did nal. i believe the justice department ought to respect the will of the separate states. >> in other words, no federal prosecution since it is a federal drug law of those who have...
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clean up sandy. 69 vehicles from southern california were flown in from the west coast. they also sent generators and water pumps to help with clean-ups. the navy will be on stand by in case the state government asks for them help. and now, picking up the pieces from sandy. staten island is a 60 square mile portion of new york city and it suffered some of the worst devastation from the storm. 19 of the city's deaths happened on staten island and today, i toured some of the hardest hit areas and spoke with residents just beginning to pick up the piecing of their shattered lives. this is quincy avenue and you still can't get close to house number 845. that's where barbara and her son, christopher, barely survived the storm. >> we stayed 11 hour onss on the roof. we kept yelling help to everyone we see. nobody was coming. nobody. >> their neighborhood, destroyed. the water rose feet in just minutes. they escaped with their lives, but suffered unimaginable loss. >> we were told the next day, looking for my sister, she was found dead in her apartment -- we have to get her fro
clean up sandy. 69 vehicles from southern california were flown in from the west coast. they also sent generators and water pumps to help with clean-ups. the navy will be on stand by in case the state government asks for them help. and now, picking up the pieces from sandy. staten island is a 60 square mile portion of new york city and it suffered some of the worst devastation from the storm. 19 of the city's deaths happened on staten island and today, i toured some of the hardest hit areas and...
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two in california, one in washington state. he allegedly shot and seriously wounded a police officer who spotted him running out of there after that robbery number one. in judging from an eyewitness account many the rexburg standard journal, the robbery could have gotten uglier. the suspect became agitated when it took too long to get the money out of the vault. he told the victims about shooting the police officer and ordered everyone in the vault, slammed the door and he ran off. $70,000 in reward are offered up for this guy, this ak-47 bandit described as 25 to 40 years old. 5'10" and stocky. if you recognize him, call police, call fbi. >>> the family court judge in texas caught on videotape beating his teenager daughter with a belt has been reinstated to the bench. he is william adams. he was suspended a year ago, with pay, after that video rant went viral -- not a rant. it was a video that went viral on you tube showing him abusing his 16-year-old daughter. this was back in 2004. this happened in the small gulf coast town
two in california, one in washington state. he allegedly shot and seriously wounded a police officer who spotted him running out of there after that robbery number one. in judging from an eyewitness account many the rexburg standard journal, the robbery could have gotten uglier. the suspect became agitated when it took too long to get the money out of the vault. he told the victims about shooting the police officer and ordered everyone in the vault, slammed the door and he ran off. $70,000 in...
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Nov 10, 2012
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it's the largest cash crop in california currently. now, if you take those figures and project them nationwide, and by the way over 100 million americans admit to having smoked marijuana at some point in their lives, you start taxing this, it's going to be a massive source of revenue for state and local governments. in the end, you know, that may be the strongest argument in these tough economic times to regulate it and tax it since it's being sold illegally in any event. >> so from a legal standpoint, do you think this is the beginning of the end of illegal marijuana in the u.s.? >> i do think this. we're now up to eight states that have legalized the drug. and i think you're going to see a trend toward many, many more. i do think, of course, we've got to get the federal government to get unified with the states on it, but, you know, it's a -- how can the feds stop this? if one state after another state legalizes it, they just don't have the resources to shut it down. so i think we're seeing a trend and i think we'll see more of it in
it's the largest cash crop in california currently. now, if you take those figures and project them nationwide, and by the way over 100 million americans admit to having smoked marijuana at some point in their lives, you start taxing this, it's going to be a massive source of revenue for state and local governments. in the end, you know, that may be the strongest argument in these tough economic times to regulate it and tax it since it's being sold illegally in any event. >> so from a...
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Nov 17, 2012
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robert reich, professor at the university of california, berkeley. thank you for talking to us. >> thanks. gary. >> one thing people may not be spending money on no matter what happens with the fiscal cliff, twinkies. hostess announced yesterday it's shutting down twinkie operations. and right after that, twinkie sales shot up -- this is amazing -- 31,000% on amazon. a lot of people are feeling nostalgic about the tasty treat. >> following a nasty labor dispute and almost a year in bankruptcy, hostess brands is closing its 33 bakeries more than 500 distribution centers and selling off its assets, putting the future of the 82-year-old twinkie in question. it's been a long road for the cream filled pastry now a part of the american lexicon. >> it's twinkie the kid. >> wow! >> the twinkie was born in 1930 in illinois. the inventor was looking for a way to use the continent al baking company's seasonal strawberry pans year round. he came up with a sponge cake filled with banana. during world war ii, it was forced to change to vanilla filling and it never
robert reich, professor at the university of california, berkeley. thank you for talking to us. >> thanks. gary. >> one thing people may not be spending money on no matter what happens with the fiscal cliff, twinkies. hostess announced yesterday it's shutting down twinkie operations. and right after that, twinkie sales shot up -- this is amazing -- 31,000% on amazon. a lot of people are feeling nostalgic about the tasty treat. >> following a nasty labor dispute and almost a...
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Nov 12, 2012
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only two states in the nation actually explicitly permit pornography to be filmed, and that's california and new hampshire, of all places. >> so new hampshire would be the place where they would amscray? they would have a long flight. >> that's right. that's right. the industry does say that they would like to perhaps go to nevada, but nevada's state supreme court actually hasn't explicitly ruled that pornography can be filmed there. >> huh. so, ron, they want to -- the industry before it pulls up stakes and moves the entire, you know, show across the country, they want to actually sue about this ballot measure. my question is -- i'm not going to suggest for a moment that you know all the legal ins and outs, but do they have merit in actually launching a suit, and if they are successful, what does that mean to the voters of california who have said that they feel it's important to have a safe work environment? >> well, the porn industry says that, you know, this measure violates their first amendment rights to film -- to, you know, produce their film the way they want to. now, the aids a
only two states in the nation actually explicitly permit pornography to be filmed, and that's california and new hampshire, of all places. >> so new hampshire would be the place where they would amscray? they would have a long flight. >> that's right. that's right. the industry does say that they would like to perhaps go to nevada, but nevada's state supreme court actually hasn't explicitly ruled that pornography can be filmed there. >> huh. so, ron, they want to -- the...
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Nov 16, 2012
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new york republican peter king joins me and california democrat adam schiff. congressman king, you were in that briefing today. you saw the surveillance, the drone video recovered from the benghazi compound. is there anything about what you saw today that changes your assessment of the situation? because you have been a tough critic of the administration. >> yeah, not really the video. i didn't see much controversial about the video. maybe adam will disagree. i thought it was objective. i don't think it really answered the questions either side would have had. my objection was that contrary to what dana said, the democrats were saying, one democrat said, i try not to make it partisan, i don't believe the talking points given to susan rice obtained all the intelligence the intelligence community had. without going into detail, there were several reports clearly stating that al qaeda affiliated groups were involved in the attack and were very heavily involved in the attack and that did not make it into the talking points, did not make it into the final talking p
new york republican peter king joins me and california democrat adam schiff. congressman king, you were in that briefing today. you saw the surveillance, the drone video recovered from the benghazi compound. is there anything about what you saw today that changes your assessment of the situation? because you have been a tough critic of the administration. >> yeah, not really the video. i didn't see much controversial about the video. maybe adam will disagree. i thought it was objective. i...
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Nov 13, 2012
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be the next secretary of defense leon panetta has made it clear he's ready to move on and go back to california after all these years in washington, former cia director, now the secretary of defense. i don't know how long that will last. but if kerry is nominated to be the secretary of defense, that does leave hillary clinton's job at the state department open. and susan rice was always -- at least i always believed she was the front-runner until those controversial comments she made about the benghazi killing of the u.s. ambassador and three other americans on those five sunday talk shows. and the republicans really have been going after her. and if the president stands firm and nominates her to be the next secretary of state, it will be a bruising confirmation hearing, there's no doubt about that. my p sense is, he probably wants her to be the secretary of state, but we'll see if -- how that confirmation process will go forward. the democrats do have the majority in the senate. i think it's going to be 55 if you bring in both of those independent senators, bernie sanders, angus king, from mai
be the next secretary of defense leon panetta has made it clear he's ready to move on and go back to california after all these years in washington, former cia director, now the secretary of defense. i don't know how long that will last. but if kerry is nominated to be the secretary of defense, that does leave hillary clinton's job at the state department open. and susan rice was always -- at least i always believed she was the front-runner until those controversial comments she made about the...
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Nov 16, 2012
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all the way from washington to california. kind of a barrage of storms moving in. that's where the trickiest travel will be for the next five days or so. big picture today, you're dry in the northeast. sunny and cool. southeast, as well. there's the west with those storms beginning to come on in through today, through the weekend, and into next week. temperature-wise, kind of right where we should be for the most part. maybe a degree or so cooler. if you guys are into the meteor shower, after midnight tonight between 2:00 and 3:00 in the morning, look toward the sky where the constellation leo is. it will be a pretty cool night to look up and see it. >> very nice. >> that sounds awesome. plus, we're up at that time anyway. >> all right, alexander steele. thank you so much. >>> 46 minutes after the hour. congressman ron paul bids a no-so-fond farewell to washington after 36 long, long years. hear his parting shot to both sides of the aisle coming up next. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewar
all the way from washington to california. kind of a barrage of storms moving in. that's where the trickiest travel will be for the next five days or so. big picture today, you're dry in the northeast. sunny and cool. southeast, as well. there's the west with those storms beginning to come on in through today, through the weekend, and into next week. temperature-wise, kind of right where we should be for the most part. maybe a degree or so cooler. if you guys are into the meteor shower, after...
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Nov 10, 2012
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the story is different in california where house democrats picked up another seat after congresswoman mary bono conceded to her challenger raul ruiz. >>> and across the country, voting rights were a concern for some, for a lot of people, actually. new laws, confusion and voting machine shortages had some wa h watchdogs crying foul. now, despite the criticisms, the supreme court will hear a challenge to the voting rights act. a law seen as the federal government's most powerful tool in protecting minority rights at the polls. the plaintiff one alabama county said the fed should not subject some states to stricter standards than others. oral arguments will be held next year with the ruling expected in june. >>> and after the one-two punch of superstorm sandy and a nor'easter, hundreds of thousands remain without power in the northeast, including an estimated 150,000 customers in three long island counties. new york governor andrew cuomo offering a stinging critique of the the utily company involved. >> we gave them a franchise because they represented themselves as experts at doing this
the story is different in california where house democrats picked up another seat after congresswoman mary bono conceded to her challenger raul ruiz. >>> and across the country, voting rights were a concern for some, for a lot of people, actually. new laws, confusion and voting machine shortages had some wa h watchdogs crying foul. now, despite the criticisms, the supreme court will hear a challenge to the voting rights act. a law seen as the federal government's most powerful tool in...
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california tried it in 2010. was not successful. it will resurface in california. a lot more states will follow. >> they can get tax revenue from it. it's big money. >> big, big money. colorado and jeffrey marin is estimating colorado and washington will each bring in about $50 to $60 million in tax revenue and that's not only that. enforcement savings. $47 million you don't have to run down people. $74 million in colorado. $99 million being saved in washington. then as i was saying earlier there's all this potential tourism. denver, colorado. you have more -- >> the new amsterdam. >> in fact there's an area in denver that i did a lot of reporting from called ramsterdam. there's more dispensaries than starbucks. states are going to look at this much as many have looked at gambling and said hey maybe we can make some money. >> more pot than starbucks pap lot of what we hear about pot it's small business, individual farms. is it possible we could end up with big pot? >> you could. i mean, you think about the infrastructure that's already in the place with a lot of bi
california tried it in 2010. was not successful. it will resurface in california. a lot more states will follow. >> they can get tax revenue from it. it's big money. >> big, big money. colorado and jeffrey marin is estimating colorado and washington will each bring in about $50 to $60 million in tax revenue and that's not only that. enforcement savings. $47 million you don't have to run down people. $74 million in colorado. $99 million being saved in washington. then as i was saying...
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Nov 14, 2012
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ed in california, nope. since the inception of homeland security, we have no privacy. e-mails and all social media's recorded and scrutinized by homeland security. if you want privacy, talk in person, not electronically. these generals should have known better, especially petraeus. pete in georgia writes, the internet is a wide open global cesspool with zero security or privacy. the average person can't control their urges or impulses to fully accept the fact that the internet is the largest spider web ever devised. george bush and dick cheney eliminated our rights to privacy and any need to warrants. brad, the camel's act nose under the tent. see which party provided the most votes to pass it. anyone who thinks what he or she posts online will remain private just doesn't see the world as it is. and martha writes this, probably not. but looks like delving into someone else's e-mail can have unforeseen consequences. basically a cat spat between two silly broads fighting over one guy that morphed into a scenario involving the fbi, cia, the justice department and the admi
ed in california, nope. since the inception of homeland security, we have no privacy. e-mails and all social media's recorded and scrutinized by homeland security. if you want privacy, talk in person, not electronically. these generals should have known better, especially petraeus. pete in georgia writes, the internet is a wide open global cesspool with zero security or privacy. the average person can't control their urges or impulses to fully accept the fact that the internet is the largest...
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Nov 10, 2012
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the largest cash crop in california currently. if you take those figures and project them nationwide, and over 100 million americans admit to having smoked marijuana some time in their lives, if you tax it, it's a massive source of revenue. that may be the strongest argument in these tough times to regulate it and tax it since it's being sold illegally. so so do you think this is the beginning of the end? >> i do think this. we're now up to eight states that legalized the drug, and i think you will see a trend toward many, many more. i think, of course, we have to get the federal government to get unified with the states on it. how can the fed stop this? if one state after another legalizes it, they don't have the resources to shut it down. >> that was paul callen, i spoke to him earlier today for that legalization of the recreational use of marijuana. many small business owners were badly hit in the recession. what they hope the government will now do about the economy. try running four.ning a restaurant is hard, fortunately we'v
the largest cash crop in california currently. if you take those figures and project them nationwide, and over 100 million americans admit to having smoked marijuana some time in their lives, if you tax it, it's a massive source of revenue. that may be the strongest argument in these tough times to regulate it and tax it since it's being sold illegally. so so do you think this is the beginning of the end? >> i do think this. we're now up to eight states that legalized the drug, and i...
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Nov 14, 2012
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senator feinstein and senator boxer, so women are empowered in k california. i also want to acknowledge that although our numbers are great here, two of our colleagues have gone on to the senate. senator elect tammy baldwin and we're very proud of that. senator elect maise herano. only the second woman of color to serve in the senate. so, that's pretty, pretty exciting. and unfortunately, we won't have cathy hopewell and add di sutton in this next congress, but the future is soon and coming upon us and we know they will be making a great public contribution. so, here we are. in the past week since the election, we're still finishing up some of our campaigns. we're very proud of the success as i said yesterday and as you see here today. why is it important for us to make this statement of the strength of women in the congress of the united states? of the house democratic women? because this is where the hopes and dreams of america's families are riding. they may not know that. they may not know one party from the next and the rest, but we know that without rosa
senator feinstein and senator boxer, so women are empowered in k california. i also want to acknowledge that although our numbers are great here, two of our colleagues have gone on to the senate. senator elect tammy baldwin and we're very proud of that. senator elect maise herano. only the second woman of color to serve in the senate. so, that's pretty, pretty exciting. and unfortunately, we won't have cathy hopewell and add di sutton in this next congress, but the future is soon and coming...
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Nov 11, 2012
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california. the other two are florida and texas, which i found interesting. big population of veterans. >> texas is another big state. >> yeah, another big state. and the state with the highest percentage of veterans, i would have never have guessed this. >> highest percentage? >> highest percentage. the answer, alaska. 14%. >> like per capita? >> yeah, out of every 100 -- 14% of the population in alaska. there's one thing i want to remind everyone. president obama was talking about this. there are 3.5 million americans in this country who have disabilities due to their military service and they have different ratings on that in terms of their disabilities. but that's important for all of us to keep in mind. these are people whose disabilities stem from their service to the country. 3.5 million people like that. there are a lot more. during the conversation of ireport, we're celebrating the wisdom of veterans. >> extraordinary individuals who made ultimate sacrifices in so many different ways. all right, josh, thank you for that. >> you bet. >>> you heard som
california. the other two are florida and texas, which i found interesting. big population of veterans. >> texas is another big state. >> yeah, another big state. and the state with the highest percentage of veterans, i would have never have guessed this. >> highest percentage? >> highest percentage. the answer, alaska. 14%. >> like per capita? >> yeah, out of every 100 -- 14% of the population in alaska. there's one thing i want to remind everyone. president...
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Nov 18, 2012
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. >> you're not in new york city, that skyline behind you is mountain view, california. eric schmidt, it sounds like you were in that closed door meeting, we know you weren't, but thank you for joining us. >>> there was a story that went unreported on election night. mitt romney's landslide, he actually had many of them across the country in his loss to barack obama. we went to king county, texas where president obama suffered his most severe shellacking. >> reporter: what do you think of barack obama's first term? >> ain't worth a damn. i don't agree with anything he done. >> reporter: it was a sentiment that was also common after president obama's first run for president. 3.4% chose obama, the lowest for any county in the country. if you could tell barack obama to do one thing, what would you tell -- king county is not only barack obama's lowest vote percentage, it's also the county where he received the lowest total number of votes. nationwide, the president tal tallied more than 62 million votes. but here in this county, he got 5 votes. mitt romney winning 139 to 5,
. >> you're not in new york city, that skyline behind you is mountain view, california. eric schmidt, it sounds like you were in that closed door meeting, we know you weren't, but thank you for joining us. >>> there was a story that went unreported on election night. mitt romney's landslide, he actually had many of them across the country in his loss to barack obama. we went to king county, texas where president obama suffered his most severe shellacking. >> reporter: what...
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Nov 15, 2012
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california, jack, sounds good until a glitch kills scores of drivers. we can't even make an electric car let alone cars that drive themselves. maybe in another 20 years or so. mel in houston says i wouldn't have any problem riding in one as long as there was a compute ir override button. there are major hurdles to overcome before this kind of program car becomes common place. and, yes, the car will take the place of my wife's turn to drive on long road trips. bring it on. if you want to read more about this, go to the blog cnn.com/caffertyfile. or through our post on the "the situation room" facebook page. wolf. >>> jack. thank you. and you're in "the situation room." happening now, escalating fears of all-out war looming over the middle east. are israeli ground forces on the brink of moving into gaza? just minutes from now i'll ask the israeli m bass dor to the united states. plus, the mystery man who triggered the fbi petraeus probe revealed. we're getting new information about who this veteran agent is and how he got involved. and a storm victim stru
california, jack, sounds good until a glitch kills scores of drivers. we can't even make an electric car let alone cars that drive themselves. maybe in another 20 years or so. mel in houston says i wouldn't have any problem riding in one as long as there was a compute ir override button. there are major hurdles to overcome before this kind of program car becomes common place. and, yes, the car will take the place of my wife's turn to drive on long road trips. bring it on. if you want to read...
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Nov 10, 2012
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. >> susan, we have seen crazy results in california. there is a rebuttable presumption, one shoot, two, this case could go to the jury. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. rebuttable presumpti . >>> in california, a 90-year-old man retaliated after he was shot in the face after a burglary, now get this, they are suing him after he returned fire. richard herman and new york criminal defense attorney law professor joins us from las vegas, richard, i'll start with you on this. what do you say to this? it is unbelievable. >> it is unbelievable, for 200, $300, anybody can file a lawsuit. and we see it every year, unbelievable cases, ninety-year-old man has his house broken into, gets tied up. the burglar is stealing in front of him, he breaks free, there is a shootout. he ends up shooting him three times. the assailant here gets convicted. prison term and sues because he was shot. >> yeah. >> believ
. >> susan, we have seen crazy results in california. there is a rebuttable presumption, one shoot, two, this case could go to the jury. [ male announcer ] break the grip of aches or arthritis pain with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. rebuttable presumpti . >>> in california, a 90-year-old man retaliated after he was shot in the face after a burglary, now get this, they are suing him after he...
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joining me now is chris allen, a worker at the walmart warehouse in ontario, california. good morning, chris. >> good morning. >> first of all, telling me what you guys do in the warehouse. >> well, we unload walmart freight and we load it on to other trailers to go out to other walmarts in southern california region here. >> and what are the working conditions like inside the warehouse? >> well, the working conditions can through the summer we were working through the summer, it's been very hot. and we've been -- haven't been getting water breaks. and we haven't had any clean water. we've been using tap water from the facility at the cross dock. and we've been on strike last month, and we just now seeing these changes with the water coolers and the cross dock. >> how hot did it get inside the warehouse in the summertime? is there air conditioning in there? >> no, there isn't. there's no ventilation in there. it gets up to about 100, 100 to 110 inside the warehouse. maybe even hotter inside the trailer that we move walmart freight. >> so some people might say, oh, well th
joining me now is chris allen, a worker at the walmart warehouse in ontario, california. good morning, chris. >> good morning. >> first of all, telling me what you guys do in the warehouse. >> well, we unload walmart freight and we load it on to other trailers to go out to other walmarts in southern california region here. >> and what are the working conditions like inside the warehouse? >> well, the working conditions can through the summer we were working through...
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Nov 13, 2012
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. >> reporter: currently in the firefighting training with california conservation core. just pull. >> close it. there you go. >> offer a lot of training. it's really good they're doing this for especially veterans because it can be hard to find jobs. pla play with chain saw. practice laying hose from an engine, which we hadn't done, with actual watt. >> that influences the wild land fires. >> it's mostly veterans, it's easy for us to click somewhere just work together. so teamwork thing fell into place really well. i was aviation hydraulics and air frames mechanic. i was stationed at camp pendleton and deployed to afghanistan in 2010. it was a bloody summer while there. i saw a lot of bodies coming back. >> i was in the u.s. navy for four years and ply job title was quarter master. we helped out with amphibious operations, we had a lot of marines on the boats. i was focused on navy, i never imagined myself being a firefighter, never imagined myself going through training. it's been challenging but the challenge is more than welcomed. i'm hoping that i get picked up with
. >> reporter: currently in the firefighting training with california conservation core. just pull. >> close it. there you go. >> offer a lot of training. it's really good they're doing this for especially veterans because it can be hard to find jobs. pla play with chain saw. practice laying hose from an engine, which we hadn't done, with actual watt. >> that influences the wild land fires. >> it's mostly veterans, it's easy for us to click somewhere just work...
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Nov 13, 2012
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. >>> i am currently in the firefighting training with the california conservation corps. hold this and then pull. >> yeah. >> it's good they're doing this especially for veterans. it can be hard to find good jobs. play with the chainsaw, get associated, more familiar with it. practice laying hose which we hadn't done with water. >> it's easy for us to click and work together so the teamwork thing fell into place really well. i was an aviation, hydraulics mechanic. we deployed to afghanistan in 2010. it was a bloody summer while we were there. we lost a couple of pilots. i saw a lot of bodies coming back. >> i was in the u.s. navy for four years. my job title was quartermaster. we helped out with amphibious operations, had a lot of marines on our boats. i was so focused on navy at one point in time, i never imagined myself being a firefighter, i never imagined myself going through the training. it's been challenging for me but the challenge is more than welcomed. >> i'm hoping i get picked up with some kind of fire department or i'm also trying to get into some kind of pol
. >>> i am currently in the firefighting training with the california conservation corps. hold this and then pull. >> yeah. >> it's good they're doing this especially for veterans. it can be hard to find good jobs. play with the chainsaw, get associated, more familiar with it. practice laying hose which we hadn't done with water. >> it's easy for us to click and work together so the teamwork thing fell into place really well. i was an aviation, hydraulics mechanic. we...
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Nov 16, 2012
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across the country, specifically 33 bakeries in 22 states and even protests going on outside an oakland, california, facility. this is certainly boiling the blood of a lot of people, those hostess cakes. >> so the company makes this announcement today. walk me through what happens next. >> okay. what hostess has done is asked for access to $75 million to fund this windown, and that includes money to pay off its employees it needs for liquidation and it will keep the distribution lines open long enough to get the last remaining product out to the stores so you still have your shot of getting those twinkies and keeping them on your shelf for a while. the brands by the way could survive because you have to believe that some big food maker will sort of ride in and go ahead and take over and go ahead and buy these brands at auction if they could be interested in them but consumers are bracing for the end of the twinkie. would you believe it, carol, i already saw some boxes of twinkies show up on ebay but you know the good thing is with this stuff, they have a 20-year shelf life. if you catch a few boxes
across the country, specifically 33 bakeries in 22 states and even protests going on outside an oakland, california, facility. this is certainly boiling the blood of a lot of people, those hostess cakes. >> so the company makes this announcement today. walk me through what happens next. >> okay. what hostess has done is asked for access to $75 million to fund this windown, and that includes money to pay off its employees it needs for liquidation and it will keep the distribution...
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kenneth in california, won't affect my handling of my money. i am a working guy, always saved and bought with cash, except for the mortgage on the house. dave in florida writes won't affect me, i have no money left to handle, but i have an absolute faith in congress's ability to kick the can over the cliff, so bring it on. jim in illinois says whatever happens, i'll be sending more to our socialist government so they can redistribute to the slackers. steve says when one knows there's a cliff ahead, you begin pumping the brakes will before you near the edge. i started pumping the brakes on personal spendings months ago once i realized congress is more interested in their agenda than in the welfare and financial health of my country. if you want to read more, go to the blog, cnn.com/caffertyfile or through our post on "the situation room" facebook page. >> will do. >>> more information about john allen's relationship with that woman in tampa who sparked the investigation. i'm a conservative investor. i invest in what i know. i turned 65 last week
kenneth in california, won't affect my handling of my money. i am a working guy, always saved and bought with cash, except for the mortgage on the house. dave in florida writes won't affect me, i have no money left to handle, but i have an absolute faith in congress's ability to kick the can over the cliff, so bring it on. jim in illinois says whatever happens, i'll be sending more to our socialist government so they can redistribute to the slackers. steve says when one knows there's a cliff...